Investors Sell Invesco Senior Loan ETF (BKLN) on Strength (BKLN)

Traders sold shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) on strength during trading hours on Wednesday. $32.57 million flowed into the stock on the tick-up and $91.92 million flowed out of the stock on the tick-down, for a money net flow of $59.35 million out of the stock. Of all companies tracked, Invesco Senior Loan ETF had the 21st highest net out-flow for the day. Invesco Senior Loan ETF traded up $0.04 for the day and closed at $23.12

The company also recently declared a monthly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Tuesday, October 23rd were issued a dividend of $0.0803 per share. This represents a $0.96 annualized dividend and a dividend yield of 4.17%. This is a positive change from Invesco Senior Loan ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, October 22nd.

Several institutional investors have recently made changes to their positions in the company. DDD Partners LLC lifted its holdings in shares of Invesco Senior Loan ETF by 34.5% during the 3rd quarter. DDD Partners LLC now owns 15,881 shares of the exchange traded fund’s stock valued at $368,000 after buying an additional 4,074 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of Invesco Senior Loan ETF by 79.5% during the 3rd quarter. MML Investors Services LLC now owns 362,755 shares of the exchange traded fund’s stock valued at $8,405,000 after buying an additional 160,686 shares during the last quarter. PhaseCapital LP lifted its holdings in shares of Invesco Senior Loan ETF by 7.4% during the 3rd quarter. PhaseCapital LP now owns 497,432 shares of the exchange traded fund’s stock valued at $11,525,000 after buying an additional 34,232 shares during the last quarter. Dakota Wealth Management lifted its holdings in shares of Invesco Senior Loan ETF by 9.1% during the 3rd quarter. Dakota Wealth Management now owns 505,193 shares of the exchange traded fund’s stock valued at $11,705,000 after buying an additional 42,090 shares during the last quarter. Finally, Destination Wealth Management lifted its holdings in shares of Invesco Senior Loan ETF by 6.0% during the 3rd quarter. Destination Wealth Management now owns 172,468 shares of the exchange traded fund’s stock valued at $3,996,000 after buying an additional 9,763 shares during the last quarter.

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Further Reading: What is a closed-end mutual fund (CEF)?

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